JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.14

Today's Change

0.00 (0.00%)

Day's Change

0.135 - 0.14

Trading Volume

610,100


41 people like this.

64,793 comment(s). Last comment by jjohnchew 9 hours ago

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-04 21:01 |

Post removed.Why?

curiousq

1,013 posts

Posted by curiousq > 2023-08-04 21:15 | Report Abuse

Joanchewcheebet5 will contact you to help you to invest

curiousq

1,013 posts

Posted by curiousq > 2023-08-04 21:25 | Report Abuse

Fatimah, Sharifah, Khadijah, Molusca will help you too, don't worry!!

joyvest

10,413 posts

Posted by joyvest > 2023-08-04 21:59 | Report Abuse

Facts are important in investment for several reasons:

1. Accuracy

Facts provide accurate information about the investment opportunity, such as the financial performance, market share, and growth potential of a company or sector. Having accurate facts helps investors make informed decisions and avoid relying on speculation or misleading information.

2. Risk assessment

Facts enable investors to assess the risks associated with an investment. By analyzing facts about the market, industry trends, and historical data, investors can evaluate the potential risks and rewards of an investment opportunity, allowing them to make better-informed decisions.

3. Decision-making

Facts play a crucial role in the decision-making process. Investors rely on facts to compare investment options, evaluate the potential returns, and determine whether an investment aligns with their financial goals and risk appetite. Making investment decisions based on facts increases the likelihood of achieving desired outcomes.

4. Long-term viability

Facts help investors assess the long-term viability of an investment. By examining the financial health, competitive advantages, and market position of a company, investors can evaluate the sustainability and growth potential of their investment over time.

5. Transparency

Facts bring transparency to the investment process. Reliable and verifiable facts provide transparency to investors, ensuring that they have access to accurate information and reducing the chances of being misled or falling victim to fraud or scams.

6. Accountability

Facts hold investment professionals, companies, and financial institutions accountable. By demanding factual information and conducting thorough due diligence, investors can hold accountable those involved in the investment process, ensuring compliance with laws, regulations, and ethical standards.

Those who ignore facts are not fit to be investors

Felix888

3,368 posts

Posted by Felix888 > 2023-08-04 23:33 | Report Abuse

Wow this nenek theory banyak banyak panjang. Copy from ChatGPT ke?

Posted by Asengkianjoo > 2023-08-04 23:46 | Report Abuse

Again you prove Aseng right

You ego indeed more expensive than your conscience.

This is fact
But after some years you are more mature, you change a better you

You conscience is more expensive than your ego

THIS IS FACT .

understand ?

Posted by Asengkianjoo > 2023-08-05 00:21 | Report Abuse

Felix888

Wow this nenek theory banyak banyak panjang. Copy from ChatGPT ke. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>. because this nenek is something wrong . in his mind , nobody know about the fact he is talking about . but he doesn't know these fact are too old to worth the time to talk . Nothing will remain unchange forever, this not a fact nenek can accept because if he were to accept , his ego will punish him . but I can assure you no one can escape from this universal fact , after some years when he had grown up , he will talk a fact different from this one . this is fact . not at the level he can not understand , not at the right time , he can not appreciate its reality .

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 08:14 | Report Abuse

Jaks targets new projects
By John Gilbert
June 19, 2023


KUALA LUMPUR: Jaks Resources Bhd (JRB) is upbeat about securing more renewable energy (RE), including hydro and wind power assets in Malaysia following the completion of the RM220 million 50MW solar farm under the large-scale solar (LSS4) project in Nibong Tebal, Penang.
"On solar projects, we are participating in the Corporate Green Power Programme (CGPP) with bids of up to 50MW.


"We are also in discussion with several private and state-backed companies for large-scale solar projects," chief executive officer Ang Lam Poah told The New Straits Times.


Ang said that under the 50 megawatts LSS4 tender, the government had awarded 10 local companies, and JRB was the first to complete the given project ahead of schedule.


He said the Nibong Tebal 50-megawatt project is now undergoing the testing and commissioning phase by Tenaga Nasional Bhd (TNB).
"Our target is to commence commercial operations by mid of July and is scheduled to be the first 50MW solar farm under LSS4 to be completed ahead of schedule," Ang said.


The solar farm will contribute to Malaysia's target of achieving a 31 per cent renewable energy mix by 2025 and a 40 per cent RE mix by 2035.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 08:15 | Report Abuse

Apart from Malaysia, Ang said JRB is also
looking into acquiring and developing RE assets in Southeast Asia, particularly Vietnam and Indonesia.


He said the power demand is booming in Vietnam due to the strong economic growth and growing population, and the Vietnamese government expects power consumption to grow between 10 per cent to 12 per cent annually through to 2030, doubling from 60GW in 2020 to 150 GW by 2030.


Elaborating further, Ang said the Vietnamese government had approved the Power Development Plan 8 (PDP8), which shows the country's commitment towards decarbonisation, since the announcement of its net zero ambitions made at The 2021 United Nations Climate Change Conference (COP26) Summit in 2021.


"The RE will account for approximately 50 per cent of the energy mix by 2030, with 19.5 per cent from hydropower, 18.5 per cent from wind and 8.5 per cent from solar.
"This aligns perfectly with our objective of seeking RE opportunities in Vietnam," Ang said.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 08:16 | Report Abuse

Similarly, Ang said Indonesia is a potentially huge market for JRB, a fast-growing country with growing energy demand.


He said the Indonesian government had set sustainability targets and pledged to meet net zero emissions by 2060 or earlier.


"Indonesia has abundant natural resources with huge potential for renewables such as hydro and solar photovoltaic (PV).

"With a focus on diversifying the energy mix and reducing reliance on fossil fuels, Indonesia presents a favourable environment for RE development.


"By leveraging our expertise and know-how, especially on LSS4 and the existing Hai Duong Plant in Vietnam, the company is well-positioned to actively participate in developing and operating RE projects in Indonesia and Vietnam," said Ang.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 08:16 | Report Abuse

>>> On the domestic front, Ang welcomed the government's recent move to lift the RE export ban, allowing RE players like JRB to explore regional opportunities within the RE space.


"Following the announcement, we have already started discussions with foreign parties to study the concept of exporting RE to Singapore.

Posted by Asengkianjoo > 2023-08-05 09:48 | Report Abuse

John discusses facts straight from the source regarding the focus and future direction. As for your discussions, those facts might be considered historical now, unalterable but valuable for learning to prevent repetition in the future. Please do not spread fear and mislead the readers here with your half baked logic and arguments about facts . We can learn from the past but will never repeat the past's mistake . Understand ?

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 09:53 | Report Abuse

Facts are facts irrespective present or past and facts are not misleading. Your subjective views are misleading.

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:07 | Report Abuse

It is the fact that the Vietnam project has saved the axs of jaks otherwise Jaks would have reported huge loss . Share price would have been plummeted to abyss.

Now then the vietnam project has come to end . It remains to be seen whether the company is up to par without that project. The solar projects talked on paper still require huge fundings but fund raising is said to be very difficult given the pathetic standing of the company. It is pointless to be upbeat with tons and tons of projects where the company is faced with difficulties for fund raising be it internally or externally.

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:09 | Report Abuse

The current share price of RM 0.19 speaks louder than words.

Posted by Asengkianjoo > 2023-08-05 10:12 | Report Abuse

Why not you say it was 0.17 some days ago ?

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:12 | Report Abuse

It was the fact that it hit the lowest of RM 0.17

Posted by Asengkianjoo > 2023-08-05 10:12 | Report Abuse

What is the moral of the story?

Posted by Asengkianjoo > 2023-08-05 10:13 | Report Abuse

EGO IS MORE EXPENSIVE THAN CONSCIENCE

Posted by Asengkianjoo > 2023-08-05 10:14 | Report Abuse

What is the good advice?

i3lurker

13,932 posts

Posted by i3lurker > 2023-08-05 10:15 |

Post removed.Why?

Posted by Asengkianjoo > 2023-08-05 10:16 | Report Abuse

1. If you can not win , let other people win generosity brings wealth

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:16 | Report Abuse

You have to be realistic why the share price is reflected to be that so low . There must be a valid reason or reasons for that.

Posted by Asengkianjoo > 2023-08-05 10:19 | Report Abuse

2. Shares trading is sometimes it takes a shorter time to win and sometimes it takes longer. If you can't wait, then let others wait .do not spread fear , your intention might be good but it can also bring more damage than good .

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:20 | Report Abuse

You must explore the reasons why it has been plunging from one end to another end. Many of them like you are very frustrated . I bet many of you still find it unbelievable given the size of the company and keep averaging down even at 0.19.

Posted by Asengkianjoo > 2023-08-05 10:22 | Report Abuse

3. Not everybody deserve to win big . If you are not deserved, do not try to spread fear to stop the deserve . Doing so will make you more undeserved. This is not only fact but a universal law of karma .

Posted by Asengkianjoo > 2023-08-05 10:26 | Report Abuse

You do not even know these basic fact , how dare you to comment which fact is true which is false

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:27 | Report Abuse

Some believes the current price is too good to be true and invest massively . Some just invests in order to have skin in the game. Whatever reasons, you either get tied up with your capital for donkey years and suffering from " loss of opportunity " elsewhere or hoping for the best of leap and rebound.

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:30 | Report Abuse

Facts are not false but true nothing but the truth. Not point to reiterate my facts. I am sure you are able to make reference to my previous points and comprehend from there.

Posted by Asengkianjoo > 2023-08-05 10:32 | Report Abuse

I believe I can not find a another person other than you who dare to talk about the price movement today as a reflection of the future of a company.

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:36 | Report Abuse

You should be grateful to those who point out the facts to you to mitigate your loss and loss of opportunity. Karma should be meant for those who mislead you to the detriment of your interests to the maximum.

Posted by Asengkianjoo > 2023-08-05 10:36 | Report Abuse

Your grandfather will slap you

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:38 | Report Abuse

I maintain my stand that the current price is the reflection of the company based on the circumstances surrounding the company as at to date. The circumstances include past ,present and the future,.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 10:38 |

Post removed.Why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:43 | Report Abuse

You cant change the past but you can change the present and the future. Unless the company has taken significant steps to revive the company NOW for the sake of future, it is going NO WAY. The future depends on what you do today. If you have done it well today, then the future is going to be bright and vice versa.

Posted by Asengkianjoo > 2023-08-05 10:48 | Report Abuse

h Satanic Accuser Johnny and Nasty Uncle DiuNiaSeng are panicking.
Instead of quietly laughing to bank
both daily write tons of stuff praising Jaks but its still 19 sen.>>>>>>>>>>>>>>>>>>>>>>>[>>>>>>> you must be a seeing blind . Do you find any DiuNiaSeng here. ?

Posted by Asengkianjoo > 2023-08-05 10:50 | Report Abuse

2. Did Aseng talks anything about Jaks . You must be a seeing blind, you did not see uncle seng is conducting a moral education here ?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 10:55 |

Post removed.Why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:57 | Report Abuse

From the reaction of the market and investors, they are said to be pissed off with the company which keeps on begging injection of fund through PP , RI , warrants ( carrot on stick) without even rewarding them through dividend payout as rewards and appreciation of capital gain. Instead, the investors are suffering from huge capital loss given the pathetic share price.

From the reflection of the current price , the investors are believed to have lost faith in the company and ditch their investments fast and furious

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 10:58 | Report Abuse

Seeing is believing, those companies behaving like them are eventually ditched by investors as a result of which most of them have turned into penny stocks if not half dead.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 11:02 |

Post removed.Why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 11:03 | Report Abuse

No matter how hard you hype or promote, it is basically futile and the share price wont spike. The market is not excited and responsive. The share price is expected to be stagnant if not depressed further.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 11:05 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 11:07 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 11:08 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-08-05 11:15 |

Post removed.Why?

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 11:18 | Report Abuse

No matter how hard you hype or promote, the facts are still there and the share price wont spike. The market is not excited and responsive. The share price is expected to be stagnant if not depressed further.

Posted by Asengkianjoo > 2023-08-05 11:24 | Report Abuse

What is moral of the story.?

Posted by Asengkianjoo > 2023-08-05 11:27 | Report Abuse

Less you talk ,less mistake you make . What more using the present price of 0.19 to tell the future.

joyvest

10,413 posts

Posted by joyvest > 2023-08-05 11:29 | Report Abuse

Keep it simple . just to comprehend the facts derived in the past and present. then you will roughly know how and what the future looks like.......

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